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Fred Pennic, Editor-in Chief | HIT Consultant

Fred Pennic is the Founder and Editor-in-Chief of HIT Consultant.

Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

by Fred Pennic 05/21/2024 Leave a Comment

Sanofi, Formation Bio, OpenAI Partner on AI-Powered Drug Discovery

What You Should Know:  - Sanofi, a global pharmaceutical leader, Formation Bio, an AI-powered drug developer, and OpenAI, a leading research and development company in artificial intelligence, have announced a groundbreaking collaboration.  The first-of-its-kind partnership in the pharma and life sciences industries aims to leverage AI to accelerate drug development and bring new medicines to patients faster. - Sanofi, Formation Bio, and OpenAI believe this collaboration will be
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Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

by Fred Pennic 05/21/2024 Leave a Comment

Videra Health Secures 5.6M for AI-Powered Mental Health Screening & Monitoring

What You Should Know:  - Videra Health, a frontrunner in AI-powered mental health assessments raises $5.6M in Seed II funding led by Peterson Ventures, with participation from Mercato Partners, Epic Ventures, and Philo Ventures. - Videra Health aims to tackle these challenges by offering widespread, streamlined mental health screening and monitoring powered by AI technology.  Transforming Mental Health Screening with Video Technology Videra Health leverages cutting-edge
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Cityblock, Sunshine Health Partner to Deliver Care to Florida Medicaid Members in Central Florida

by Fred Pennic 05/21/2024 Leave a Comment

Cityblock, Sunshine Health Partner to Deliver Care to Florida Medicaid Members in Central Florida

What You Should Know:  - Cityblock, a value-based healthcare provider specializing in Medicaid, announced a new partnership with Sunshine Health, a Florida managed care plan. This collaboration aims to provide high-quality primary care and care coordination services to Medicaid beneficiaries with complex needs in Central Florida. - The partnership expands Centene Corporation's, Sunshine Health's parent company, existing relationship with Cityblock. Cityblock has already established
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How to Improve Your Nursing Skills with Technology

by Fred Pennic 05/21/2024 Leave a Comment

How to Improve Your Nursing Skills with Technology

Today, many businesses and healthcare groups leverage technology to connect with clients and customers, distribute products and services, and ensure social distancing. While being tech-savvy was beneficial, it has now become imperative for nurses to be proficient in the latest technological developments to offer effective patient care. Enroll in Premium Courses Individuals interested in an accelerated yet comprehensive overview of software and healthcare technology can find online courses
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Humana Becomes First Insurer to Cover TMS Therapy for Adolescent Depression

by Fred Pennic 05/20/2024 Leave a Comment

Humana Becomes First Insurer to Cover TMS Therapy for Adolescent Depression

What You Should Know:  - Neuronetics, Inc. and Humana announce a significant step forward in adolescent mental healthcare. This collaboration offers new hope for young people struggling with major depressive disorder (MDD) by making transcranial magnetic stimulation (TMS) therapy more accessible. - Humana, a health insurance provider, has become the first commercial payer to update its policy in response to the FDA's recent clearance of NeuroStar TMS for adolescents aged 15-21 with
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Implicity Launches FDA-approved Heart Failure Prediction Algorithm, SignalHF

by Fred Pennic 05/17/2024 Leave a Comment

Implicity Launches FDA-approved Heart Failure Prediction Algorithm, SignalHF

What You Should Know:  - Implicity, a leader in remote patient monitoring and cardiac data management, has received FDA 510(k) clearance for SignalHF1, a groundbreaking new algorithm within their remote monitoring solution.  - SignalHF1 algorithm empowers early detection and intervention, paving the way for improved patient outcomes and a brighter future for cardiac care. Leveraging Big Data for Better Heart Care Implicity holds a unique distinction as the first private
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Daffodil Health Secures $4.6M for AI-Powered Healthcare Pricing & Admin Solution

by Fred Pennic 05/16/2024 Leave a Comment

Daffodil Health Secures $4.6M for AI-Powered Healthcare Pricing Solution

What You Should Know:  - Daffodil Health, a healthcare technology company, has secured $4.6M in seed funding to tackle the multi-billion dollar problem of wasted healthcare administrative costs led by Maverick Ventures with participation from Epic Ventures. - Daffodil Health is the brainchild of a team with over 100 years of combined experience in healthcare and technology, from companies like MultiPlan, Google, and McKinsey. They recognize the urgent need to overhaul the current
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Exo Works® Connect Simplifies Point-of-Care Ultrasound Implementation

by Fred Pennic 05/16/2024 Leave a Comment

Exo Works® Connect Simplifies Point-of-Care Ultrasound Implementation

What You Should Know:  - Exo (pronounced “echo”), a leader in medical imaging software and devices, announces Exo Works® Connect. The tailored solution streamlines the implementation and adoption of point-of-care ultrasound (POCUS) programs for healthcare organizations.  - Designed with caregiver needs in mind, Exo Works Connect empowers hospitals, clinics, medical schools, and master's level programs to overcome POCUS implementation challenges while ensuring security,
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Accenture Backs Turbine’s AI-Powered Platform to Accelerate Drug Discovery

by Fred Pennic 05/16/2024 Leave a Comment

Accenture Backs Turbine's AI-Powered Platform to Accelerate Drug Discovery

What You Should Know:  - Accenture Ventures, the venture capital arm of Accenture, has announced a strategic investment in Turbine, a company pioneering the use of predictive cell simulations for drug development.  - The investment aims to empower Turbine in extending its innovative technology to global biopharmaceutical companies seeking to unlock hidden biological insights and accelerate crucial drug development processes. Optimizing Drug Discovery with Simulated
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Manifold Gears Up for Growth with Leadership Team Expansion

by Executive Hires 05/16/2024 Leave a Comment

Manifold Gears Up for Growth with Leadership Team Expansion

What You Should Know:  - Manifold, a leading AI-powered clinical research platform, strengthens its leadership team with industry veterans following a successful $15M Series A funding round.  - The strategic expansion aims to accelerate Manifold's mission to automate manual workflows in clinical research, alongside esteemed partners like Indiana University Melvin and Bren Simon Comprehensive Cancer Center and Winship Cancer Institute of Emory University. Building a Team for
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